Question
Which scheme is designed for non-resident Indians (NRIs)
to simplify their account opening process with the State Bank of India (SBI)?Solution
SBI has introduced a TAB-based digital onboarding process for NRIs to simplify the opening of NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts, making it more convenient and efficient.
A 'Floating Rate Bond' is one where:Â
What is a 'Nostro' account?Â
In the context of Bonds, what is 'Yield to Maturity' (YTM)?Â
'Account Aggregator' (AA) framework in India is regulated by:Â
The Mudra Loans are collateral free but backed by government guarantee . Which of the following give the guarantee for Mudra loans ?
The Capital Conservation Buffer (CCB) as per Basel III norms in India is set at:Â
What does the 'C' in CKYCR stand for in the context of KYC?Â
'TReDS' is an electronic platform for facilitating the financing of:Â
The SARFAESI Act, 2002 is NOT applicable to which of the following?Â
What is a 'Red Clause Letter of Credit'?Â